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Housing / Loans / SBI (State Bank of India)

Adjustable Rate of Interest (with effect from 1st Jan 2002):

 

Rate of Interest

Any Amount

0.5% below SBMTLR*
i.e., at a rate of interest of 11.5% p.a.

For Loans of upto 5 years duration, rate of interest is 1.0% below SBMTLR i.e. at the rate of interest of 11.0%

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